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Rakesh Gangwal To Sell 3.4% Stake In IndiGo For ₹6,800 Cr
The New Indian Express Tadepalligudem
|May 27, 2025
INTERGLOBE Aviation promoter Rakesh Gangwal and his family trust will offload another 3.4% stake worth ₹6,831 crore in the airline on Tuesday, as per sources.
Currently, Gangwal and the family trust together hold about 13.5% in IndiGo.
Under the proposed transaction, up to 1.32 crore equity shares will be sold at a floor price of ₹5,175 per share. The floor price is at a 4.5% discount as against the closing price of ₹5,420 per share on Monday.
Denne historien er fra May 27, 2025-utgaven av The New Indian Express Tadepalligudem.
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FLERE HISTORIER FRA The New Indian Express Tadepalligudem
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